Since I’ll be house hacking I can learn some of the basic skills and rehab my unit.

Even multifamily, you'll find deals where rent rolls are way below market just because the owner never raised rents or did basic tenant retention.

If you rented for $2800 and after expenses profited $2000 per month or $24k per year that would be a 4% CoC return basically on your $600k equity.

Once you factor in typical reserves (5-8% vacancy, 5% maintenance, 5% cap-ex), you're basically breaking even or slightly negative cash flow.The real question is what's the $187k going to do for you?

Learn just enough to understand the basics of deals, financing, and operations without getting stuck in analysis mode.

The combination of strong macroeconomics, population growth, job growth, and tons of companies moving into Columbus has created a market where deals still cash flow, appreciate, and let you stack properties efficiently—basically you get volume and compounding returns much faster than trying to fight over high-priced South Florida deals.

Great breakdown — especially the “kill it early” philosophy.I’ve been spending time on the front end doing parcel-level screening (floodplain, ownership complexity, utility proximity, jurisdiction constraints) before developers even get to formal due diligence.It’s surprising how many sites look great on paper but fail basic constraints once you zoom in.

Single-family homes are a good way to start because they’re simpler to manage and you can learn the basics of tenant screening, maintenance, and cash flow without getting overwhelmed.If you’re thinking about multi-family down the road, start by analyzing 2–4 unit properties in the area.

Their response was basically: "Yeah, that tracks.

Right now a lot of the PMS softwares have a very basic AI but I know many plan to implement a better one soon in the coming year.